GAIL zooms despite reporting 7% fall in Q3 consolidated net profit
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
GAIL (India) is currently trading at Rs. 137.65, up by 4.10 points or 3.07 % from its previous closing of Rs. 133.55 on the BSE.
The scrip opened at Rs. 134.50 and has touched a high and low of Rs. 138.00 and Rs. 133.00 respectively. So far 2658044 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 146.20 on 15-Jan-2021 and a 52 week low of Rs. 65.70 on 19-Mar-2020.
Last one week high and low of the scrip stood at Rs. 138.00 and Rs. 127.55 respectively. The current market cap of the company is Rs. 62082.10 crore.
The promoters holding in the company stood at 52.12%, while Institutions and Non-Institutions held 43.83% and 4.05% respectively.
GAIL (India) has reported a rise of 18.92% in its net profit at Rs 1487.33 crore for the quarter ended December 31, 2020 as compared to net profit at Rs 1250.65 crore for the same quarter in the previous year. However, total income of the company decreased by 11.91% at Rs 15927.59 crore for Q3FY21 as compared Rs 18081.19 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 6.97% in its net profit attributable to equityholder at Rs 1883.61 crore for the quarter ended December 31, 2020as compared to net profit at Rs 2024.66 crore for the same quarter in the previous year. Total income of the company decreased by 12.13% at Rs 15899.85 crore for Q3FY21 as compared Rs 18094.15 crore for the corresponding quarter previous year.
